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1555 E Park Place Blvd 50,000 SF 40% Leased Retail Building Stone Mountain, GA 30087 $5,660,456 CAD ($113.21 CAD/SF) 7.25% Cap Rate

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EXECUTIVE SUMMARY

COLLIERS’ SOUTHEAST INVESTMENT SALES TEAM IS PLEASED TO OFFER FOR SALE 1555 E PARK PLACE BLVD, a two-tenant retail / warehouse building in Stone Mountain, Georgia. The 50,000 SF building is 70% occupied by K&G Fashion Superstore who is in 35,000 SF and has a lease that expires in 2030. There is a 15,000 SF suite that is available for lease up or occupancy by a user owner. The asset is being marketed for sale at a price below replacement cost and pricing assumes no value on the vacancy. The building features a new roof (installed in November 2024) with a 20 year warranty and a recently resealed/striped parking lot.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
50,000 SF
Building Class
C
Year Built
1986
Price
$5,660,456 CAD
Price Per SF
$113.21 CAD
Cap Rate
7.25%
NOI
$410,400 CAD
Percent Leased
40%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.21
Lot Size
5.55 AC
Zoning
C2 - General business use
Parking
300 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
351’ on Park Place Blvd

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • $9.99
  • Lorem Ipsum
  • Jan 0000

Founded in 1989 in Atlanta, GA, K&G Fashion Superstore (A Men's Wearhouse Company) offers quality brand name and private-label men's, women's and children's clothing and accessories - comparable to what department and specialty stores offer - at everyday low prices. Their mission at K&G Fashion Superstore Is to maximize sales, provide value to our customers, and deliver top quality customer service, while still having fun and maintaining their values. These values include: nurturing creativity, growing together, admitting to their mistakes, promoting happy and healthy lifestyle, enhancing a sense of community, and striving toward becoming self-actualized people.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF $9.99 Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 15,000 SF
  • Retail
  • -
  • Now

Retail | Service | Medical | Flex Opportunities 1555 East Park Place sits in one of Stone Mountain’s most active and densely populated retail corridors, surrounded by national anchors, established neighborhood centers, and major commuter traffic. This property offers strong visibility, excellent access, and a customer base driven by steady residential density, daily shopping patterns, and a diverse consumer mix. Positioned within minutes of Highway 78, Rockbridge Road, and the Stone Mountain Park trade area, the center captures consistent traffic from families, professionals, and weekday workers. The surrounding community includes long-established neighborhoods, multi-family housing, schools, medical offices, and local service businesses—all of which contribute to strong daytime and evening activity. This property is ideally suited for retail, service, medical, wellness, fitness, and convenience-driven operators seeking to enter a high-demand market with strong everyday consumer needs. Whether you’re a regional brand expanding, a local business upgrading your space, or a national concept looking for an established suburban corridor, 1555 East Park Place provides the footprint, visibility, and customer base to support long-term success.

Space Size Space Use Position Available
1st Floor 15,000 SF Retail - Now

1st Floor

Size
15,000 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 15,000 SF
Space Use Retail
Position -
Available Now

Retail | Service | Medical | Flex Opportunities 1555 East Park Place sits in one of Stone Mountain’s most active and densely populated retail corridors, surrounded by national anchors, established neighborhood centers, and major commuter traffic. This property offers strong visibility, excellent access, and a customer base driven by steady residential density, daily shopping patterns, and a diverse consumer mix. Positioned within minutes of Highway 78, Rockbridge Road, and the Stone Mountain Park trade area, the center captures consistent traffic from families, professionals, and weekday workers. The surrounding community includes long-established neighborhoods, multi-family housing, schools, medical offices, and local service businesses—all of which contribute to strong daytime and evening activity. This property is ideally suited for retail, service, medical, wellness, fitness, and convenience-driven operators seeking to enter a high-demand market with strong everyday consumer needs. Whether you’re a regional brand expanding, a local business upgrading your space, or a national concept looking for an established suburban corridor, 1555 East Park Place provides the footprint, visibility, and customer base to support long-term success.

NEARBY MAJOR RETAILERS

United Rentals
Planet Fitness
Applebee's
Waffle House
Bank of America
LA Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
6-061-083
Land Assessment
$462,301 CAD
Improvements Assessment
$1,215,539 CAD
Total Assessment
$1,677,840 CAD
  • Listing ID: 37810706

  • Date on Market: 2025-09-24

  • Last Updated:

  • Address: 1555 E Park Place Blvd, Stone Mountain, GA 30087

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